Avidian Gold (CVE:AVG) Stock Price Down 23.5% – Here’s What Happened
by Michael Walen · The Markets DailyAvidian Gold Corp. (CVE:AVG – Get Free Report)’s share price traded down 23.5% during mid-day trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. 125,214 shares were traded during mid-day trading, an increase of 626% from the average session volume of 17,248 shares. The stock had previously closed at C$0.17.
Avidian Gold Price Performance
The firm has a market cap of C$1.61 million, a PE ratio of 4.33 and a beta of 0.22. The firm’s fifty day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.12. The company has a quick ratio of 0.43, a current ratio of 5.11 and a debt-to-equity ratio of 1.13.
About Avidian Gold
Avidian Gold Corp. engages in the acquisition, exploration, and development of gold properties in North America. It also explores for silver and copper properties. The company holds 100% interests in the Golden Zone property covering an area of 12,525 hectares located in Alaska; the Amanita property claims totaling 1,460 hectares situated to the northeast of Fairbanks, Alaska; and the Jungo Property covering an area of 2,000 hectares located in Humboldt mineral trend, Nevada. It also holds 100% interests in the Labrador west iron ore project located in Labrador; and holds 100% interests in the Lac Pegma copper-nickel-cobalt sulphide deposit located in Quebec.